The Upstream Gas Compression Market Report is a quarterly report that tracks and forecasts the five-year outlook for the global upstream gas compression market, focusing on commercial, technical and activity trends impacting this sector.  The report is a useful planning and benchmarking tool for operators, oilfield service firms, OEMs and investors interested in an evaluation of the upstream gas compression market.

Global spending on natural gas infrastructure — wells, pipelines, and processing facilities – continues to recover its cyclical low in conjunction with increased gas demand, rising commodity prices and efforts by the European Union to reduce its reliance on Russian gas through increased LNG imports.

As a result, the global upstream gas compression market – the equipment and services used in wellhead, gas-lift, gathering and processing applications in compressor sizes ranging up to 3,000 HP – is projected to total $17.4 billion in 2024, up 4%, and rise at a 3.6% CAGR over the 2023-2028 timeframe.

The Upstream Gas Compression Market report covers the following topics:

• Market drivers

o   US natural gas demand (consumption, exports)

o   US natural gas supply (production, imports)

o   US natural gas price

• Installed base of compression (units, HP) by region (US, Canada, International) by type of application (wellhead, gas lift, gathering, processing) and by owned versus rented

• Compressor rental market (units, HP, $) by region (US, Canada, International) by type of application (wellhead, gas lift, gathering, processing)

• Compressor rental fleet by region (US, Canada, International)

o   Available (units, HP)

o   Rented (units, HP)

• Compressor fabrication market (units, HP, $)

• Aftermarket parts and services market ($)

• Profile of major players:

o   OEMs (Compressors, Engines, Heat Exchangers, After-Market Suppliers)

o   Packagers

o   Rental firms

• Rental fleet (HP) by company

• Revenues by company, 2015-present

Clients subscribing to the Upstream Gas Compression Market report will receive complete and revised market reports each quarter for one year.  The Upstream Gas Compression report is available as immediate digital download upon purchase.